Treasuries Yield Curve Steepens on Mixed Data Before Jobs Report

  • Manufacturing contraction clashes with labor-market strength
  • U.S. August nonfarm payroll data to be released Friday

Treasuries gained, with shorter-dated notes outperforming longer-maturity securities, as mixed economic data muddied the outlook for the Federal Reserve’s interest-rate path ahead of Friday’s U.S. jobs report.

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